Rewards of angel investing
Venture capital funds offer a transparent and well-regulated platform with ease of investing in promising entrepreneurs and start-ups
It was in early 2001 that I joined Bharti Airtel to work with Sunil B. Mittal, a first generation entrepreneur. He opened my eyes to a completely new business of building ethos; he was open to diluting his stake. In other words, he was willing to share his future wealth with the people who shared his belief and risks in the early stages of his business. There were multiple risks in the business of that start-up, not least of which were the challenges of the regulator, the whimsical market forces, question of building scale, entry of internationally well-established competition, need for differentiation, the challenge of building a world-class team in an industry in its infancy, risk of technology obsolescence—the list was endless.